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U.S. President Donald Trump and Chinese President Xi Jinping will wrap up a global summit on Saturday with high-stakes talks expected to determine whether they can begin defusing a damaging trade war between the world's two biggest economies.

Siemens workers could oppose what they see as overly drastic EU requirements to approve a planned rail merger with France's Alstom, Der Spiegel reported, citing a statement by one of its labour representatives.

Employees of Indian company Infrastructure Leasing & Financial Services (IL&FS) taken hostage by local staff in Ethiopia fear for their safety, with some being confined to a company campus north of the African nation's capital Addis Ababa.

Chinese President Xi Jinping and the leaders of major developing economies condemned protectionism at a G20 summit in Argentina on Friday overshadowed by U.S. President Donald Trump's threat to escalate tariffs on China.

Stability in Saudi Arabia is the cornerstone of prosperity and progress in the Gulf, and China firmly supports Riyadh in its drive for economic diversification and social reform, President Xi Jinping told Saudi Crown Prince Mohammed bin Salman.

Gold fell on Friday as the dollar strengthened ahead of trade talks between the U.S. and Chinese leaders at the G20 summit on Saturday, while palladium prices crossed the $1,200 per ounce mark for the first time.

China was looking to boost agricultural exports to India while increasing imports of rapeseed and soymeal from the country, President Xi Jinping told Indian Prime Minister Narendra Modi on the sidelines of a G20 meeting on Friday.

Microsoft Corp's stock market value closed above Apple Inc's for the first time in eight years on Friday as the Windows maker benefited from growth in cloud computing while Apple was hit by investor concern about iPhone demand.

China was looking to boost agricultural exports to India while increasing imports of rapeseed and soymeal, President Xi Jinping told Indian Prime Minister Narendra Modi on the sidelines of a G20 meeting on Friday.

A former U.S. Justice Department employee pleaded guilty on Friday to conspiring to deceive banks about millions of dollars in foreign lobbying funds, after he facilitated the financing of a lobbying campaign related to the U.S. investigation into the 1Malaysia Development Berhad (1MDB) scandal.

Britain's post-Brexit immigration system will enable businesses to bring in high-skilled workers from the rest of the world, but firms should also do more to train up young British people, Prime Minister Theresa May said.

Oil prices edged lower on Friday due to concerns of oversupply and a strong dollar but losses were limited by expectations that the Organization of the Petroleum Exporting Countries (OPEC) and Russia would agree some form of production cut next week.

Congressional Democrats on Friday warned that other associates of President Donald Trump may have lied to Congress, a day after his former personal lawyer, Michael Cohen, pleaded guilty to doing so as part of a probe of Russian meddling in U.S. politics.

Wall Street rose on Friday as investors hoped for progress on trade in a critical U.S.-China meeting over the weekend, and the S&P 500 and the Nasdaq posted their biggest weekly percentage gains in nearly seven years.

Oil prices retreated on Friday amid a global glut, racking up a 20 percent drop for November, while world equity markets were mixed ahead of weekend talks between U.S. President Donald Trump and Chinese leader Xi Jinping.

Gold edged lower on Friday as the dollar firmed ahead of an expected meeting between U.S. President Donald Trump and China's President Xi Jinping at the G20 summit, but bullion was on track to post its second straight monthly gain.